BOC International: Optimistic about Nvidia (NVDA.US), GCL Technology (03800), China Taiping (00966), etc. in October

The Zhitong Finance App learned that BOC International released a research report saying that overseas stock markets rose less and fell more in September, the central banks of the US, Europe, and Japan all raised interest rates, and Hong Kong stocks continued to adjust, and may focus more on defense in the short term; the configuration suggests a dumbbell structure, which balances growth and defense at both ends. The bank pointed out that in the context of inflationary stickiness, monetary policy shifts, and AI technology narratives, liquidity and valuation expansion space may be limited, and the dumbbell combination is flexible in different scenarios.

The bank announced the October selection, including Nvidia (NVDA.US), which is optimistic about the sustainability of long-term AI demand; Minshi Group (00425), where traditional business remains resilient and new business enters the expansion period; Tencent (00700), where the market once again pays attention to the commercialization progress of agents; and Hewang Pharmaceutical (00013), returning to the growth channel, where Savotinib and ATTC welcome key breakthroughs; GCL Technology (03800), is expected to drive further increases in polysilicon prices; China Taiping (00966) is optimistic about high dividends and valuation repair potential.